Russian tycoon pays $500 million to settle US tax bill

Russian billionaire Oleg Tinkov was required to pay nearly $509 million to settle US charges of tax evasion, the US Justice Department said on Friday. The banking and investment tycoon paid the back taxes and fine after pleading guilty on October 1 to felony charges of concealing more than $1 billion in assets to avoid paying taxes on them as he gave up his US citizenship in 2013.

from US News Headlines, Latest USA News, US news live on Times of India https://ift.tt/3BxbyjY

Comments

North Korea to pause 'Mass Games' after leader Kim complains

The Mass Games are a major draw for tourists, most of them from China, but the inclusion of thousands of child performers has been criticized by rights groups as tantamount to forced child labour, and testimonies collected by defector groups describe harsh training regimes. from World News Headlines, Latest International News, World Breaking News - Times of India http://bit.ly/2K3TCYf

Taliban launch 'massive attack' on Afghan city of Kunduz

The militants, who have demanded that all foreign forces leave Afghanistan, now control or hold sway over roughly half of the country and are at their strongest since their 2001 defeat by a US-led invasion. Such attacks are seen as strengthening their negotiating position. from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/347NQeG

IMF team leaves Pakistan sans bailout agreement

Pakistan Prime Minister Shehbaz Sharif and his team had assured the IMF mission they would implement all its conditions and expected to ink a staff-level agreement during this visit by the IMF team. The IMF mission, however, stated it would decide on whether or not to give Pakistan a bailout after approval of the country’s budget by parliament. from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/iRvZTl9

INFO AND TECH NEWS

Search This Blog